null iFintechs are taking Southeast Asia by storm
iFintechs are taking Southeast Asia by storm
5 Oct 2021 | Tuesday Source : Techwire Asia
iFintechs, or, Islamic fintechs, are seeing rapid growth and opportunities in Southeast Asia. Malaysia, an ASEAN emerging economy of 32 million, was named the leader in the iFintech hubs maturity model. The ASEAN nation of 32 million boasts high growth and high conduciveness, according to the 2021 Global Islamic Fintech Report.
Malaysia is also number one out of 64 key iFintech markets worldwide when measured by the GIFT (global Islamic fintech) Index, showing the most robust ecosystem supporting the industry.
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